Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.
Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.According to the news of China Securities Industry Association on December 11th, on December 5th, the meeting of directors and all members of regional equity market professional committee of China Securities Association was held in Chongqing. The meeting studied and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee and the new "National Nine Articles" in the capital market, and studied and discussed the key work of the Committee. The main person in charge of the China Securities Association, the relevant persons in charge of the Second Market Division of the China Securities Regulatory Commission, Chongqing Local Financial Administration and Chongqing Securities Regulatory Bureau attended the meeting, and more than 60 staff members of CSI Technology, Chongqing Securities and Futures Association and Securities Industry Association and Committee members attended the meeting.
Mackler, Governor of the Bank of Canada: The current policy focus is to keep inflation close to the target. Mackler, Governor of the Bank of Canada: Due to the sales tax holiday, the overall rate is expected to slow down to 1.5% in January. We will focus on core inflation indicators to help us evaluate CPI trends. It is expected that the inflation rate will drop at the end of the sales tax holiday. The current policy focus is to keep inflation close to the target. We hope to see economic growth accelerate to absorb unused capacity in the economy and keep the inflation rate at around 2%.The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.